213 Stites AveMiddle Township, NJ 08210

  • Other commercial real estate
  • 1.91 AC
For Sale
$2,550,000 View listing

Property Details for 213 Stites Ave

Year built
1980
Lot size
1.91 AC
Zone code
TR
Property type
Other commercial real estate
APN
06 00245-0000-00008
APU
600245000000008

Description

This exceptional industrial property, located at 213 Stites Ave in Middle Township, New Jersey, presents a compelling investment opportunity. The property encompasses two buildings totaling 20,000 square feet, situated on a generous 1.91-acre lot. The asking price is $2,550,000, translating to a competitive price per square foot of $127.50. The warehouse features two convenient loading docks, significantly enhancing operational efficiency. High ceilings, measuring 16 feet, provide ample vertical space for storage and various industrial applications. This strategic location in Cape May County offers excellent access to major industrial and local retail markets throughout Southern New Jersey, Pennsylvania, and Delaware, making it an ideal location for businesses seeking a strong distribution network. The property's size, features, and prime location combine to create a highly attractive investment prospect for discerning buyers seeking a foothold in this thriving region. The zip code is 08210. The property is classified as industrial and specifically as a warehouse. This is a rare opportunity to acquire a well-situated, functional warehouse in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,490,158
    Hospitality
    $25,180,838
    Educational
    $20,950,162
    Medical
    $21,670,670
    Retail
    $32,589,140
213 Stites Ave, Middle Township, New Jersey

Location Insight

City
Cape May Court House
County
Cape May
State
New Jersey
Latitude
39.0819
Longitude
-74.8301
CBSA code
36140
CBSA name
OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,091
$220,000
$335,400
$555,400
-
$220,000
$335,400
$555,400

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